Sunday, August 05, 2018

Sunday Night Futures

by Bill McBride on 8/05/2018 08:11:00 PM

Weekend:
Schedule for Week of Aug 5, 2018

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 and DOW futures are mostly unchanged (fair value).

Oil prices were down over the last week with WTI futures at $68.49 per barrel and Brent at $73.21 per barrel.  A year ago, WTI was at $50, and Brent was at $52 - so oil prices are up 40% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.86 per gallon. A year ago prices were at $2.34 per gallon - so gasoline prices are up 52 cents per gallon year-over-year.